December 16, 2013

Great Expectations for Chile's New President

Gideon Long, BBC News

The Associated Press

Winning Chile's presidential election was pretty easy for Michelle Bachelet. She led the contest from the start and never faced much of a challenge from her bickering centre-right opponents. The hard part will start in March when she takes office. Ms Bachelet will inherit a country with an economy that grew by 5.6% last year. Unemployment is low and inflation is under control. But things are likely to get worse. The growth rate is expected to ease to 4.2% this year and the central bank warns it might drop below 4% in 2014.

Read Full Article ››

TAGGED: Chile, Latin America, Michelle Bachelet


December 13, 2013
Lift the Cuban Embargo
New York Times
Some Republicans and Cuban-American lawmakers are criticizing President Obama for shaking President Raúl Castro’s hand at the memorial service for Nelson Mandela. Their reaction to a gesture of common courtesy should... more ››
December 16, 2013
Mexico's Oil Breakthrough Opens the Door
Washington Post
While Congress was congratulating itself on reaching a minimalist bipartisan deal on the budget, Mexico demonstrated how a more functional democracy can tackle a nation’s biggest and most sensitive problems. The ruling... more ››
December 16, 2013
What the Rest Should Learn from the West
Pankaj Mishra, Bloomberg
It was the bitter experience of “free trade” under the auspices of imperialism that led most postcolonial countries in Asia after 1950 “to start with import substitution in the manufacturing sector.” For... more ››
December 13, 2013
Uruguay Deserves Nobel for Legalizing Pot
Simon Jenkins, The Guardian
The war on the war on drugs is the only war that matters. Uruguay's stance puts the UN and the U.S. to shame. more ››
December 11, 2013
The Obama-Castro Handshake: Don't Stop There
Carl M. Cannon, RCP
Here’s an opening line that is neither a riddle nor a joke, especially to politically active Miami Cubans and their allies: What do you call a handshake between President Obama and Cuban strongman Raul Castro? If... more ››